Bybit Palau ID – Does Bybit accept Palau KYC in 2025?

Bybit has quickly become one of the most popular crypto exchanges for traders seeking leveraged products, advanced trading tools, and a smooth user interface. But with growing regulatory scrutiny, KYC (Know Your Customer) procedures have become a necessary part of signing up and accessing key features.

For those who value privacy or flexibility, or wish to access Bybit from a restricted country, the Palau ID—a digital identity issued through the Republic of Palau’s online residency program—has emerged as a potential workaround for verification.

So, the big question is: Does Bybit accept Palau ID in 2025?

Bybit’s KYC Requirements in 2025

Bybit currently offers three KYC verification levels, which affect your account’s trading limits, withdrawal caps, and access to certain features.

Here’s a breakdown of what they typically ask for:

• Level 1 KYC (Standard): Requires identity assessment and Proof of Identity (POI).
• Level 2 KYC (Intermediate): Requires Proof of Address (POA)
• Level 3 (Advanced): Enhanced due diligence

KYC is usually handled through third-party providers like Sumsub or similar services, which automatically scan and verify the legitimacy of your submitted ID.

Does Bybit Accept Palau ID?

As of 2025, Bybit does not officially list the Palau ID (RNS) among accepted forms of identification. However, here’s where things get interesting:

• Some users have reported success using Palau-issued passports for KYC.
• Fewer, but still some, have claimed success using the RNS digital ID card, particularly for Level 1 or initial verification.
• Other users have had their documents rejected, especially when using the RNS ID without supporting documents or trying to upgrade to Level 2 or higher.

There is no formal policy from Bybit stating that the Palau RNS is accepted or rejected. As of now, it appears to be case-by-case, likely depending on the KYC vendor, document quality, and your country of residence.

Bottom line? You may be able to use Palau ID for initial onboarding—but don’t count on it for long-term access or large withdrawals.

Risks and Considerations

Before rushing to apply for a Palau ID just to use it on Bybit, consider the following:

• You might get flagged: If your KYC gets rejected, your account may be locked or limited until a valid government ID is provided.
• It’s not universally accepted: Even if Palau ID works today, Bybit could easily update their policy and reject it in the future.
• It may not be enough for full functionality: For larger withdrawals, derivatives trading, or fiat deposits/withdrawals, higher-level verification might be required—often needing a passport or utility bill.

Always have a backup identity document ready if you plan to go this route.

Alternatives if Palau ID is Rejected

If Bybit doesn’t accept your Palau ID, you still have options:

• Use another exchange: Several crypto platforms are known to be more flexible with ID, including:
  • MEXC
  • Bitget
  • XT.com
• Trade without KYC: While riskier, you can still trade using decentralized exchanges (DEXs) like:
  • Uniswap
  • dYdX (up to a limit)
  • PancakeSwap
• Explore other digital IDs: Some users also explore Estonian e-Residency or even UAE’s Virtual ID programs, which may work better for long-term compliance.

Conclusion

So—does Bybit accept Palau ID?

The answer is: it depends. Some users have had success verifying their Bybit accounts with a Palau ID (especially Palau passports), while others have been rejected outright. There’s no official “yes or no” from Bybit, and outcomes seem to vary based on the verification provider.

If you’re planning to use Bybit for serious trading and high-volume withdrawals, you’re better off verifying with a passport or national ID from a supported country. Alternatively, sign up for another crypto exchange that accepts Palau ID, such as Bitget or MEXC.

FAQs

Can I trade on Bybit without KYC?
Yes, but your account will have limited features—like smaller withdrawal limits and restrictions on fiat-related services.

Is it legal to use a Palau ID for KYC?
Yes, the ID is government-issued and legal, but acceptance depends on the platform’s policies.

What happens if my KYC is rejected?
You may lose access to certain features until you submit valid documents. In some cases, withdrawals may be frozen.

Can I use Bybit in the US?
No, Bybit is not available to US residents, and since you need to verify your ID, you cannot circumvent the rules by using a VPN.